tldr; TeraWulf (WULF), a Nasdaq-listed Bitcoin mining firm, saw its stock surge 102% after Google became its largest shareholder. Google acquired approximately 41 million shares of TeraWulf as part of a $1.8 billion AI-hosting agreement with Fluidstack. This deal positions TeraWulf as a key player in AI infrastructure powered by low-cost, zero-carbon energy. Following the announcement, WULF’s stock price doubled before stabilizing. TeraWulf is the fifth-largest Bitcoin miner globally, with a market cap of $3.49 billion.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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why do people keep incorrectly using the term parabolic? or did it actually fall right back down to where it started?
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tldr; TeraWulf (WULF), a Nasdaq-listed Bitcoin mining firm, saw its stock surge 102% after Google became its largest shareholder. Google acquired approximately 41 million shares of TeraWulf as part of a $1.8 billion AI-hosting agreement with Fluidstack. This deal positions TeraWulf as a key player in AI infrastructure powered by low-cost, zero-carbon energy. Following the announcement, WULF’s stock price doubled before stabilizing. TeraWulf is the fifth-largest Bitcoin miner globally, with a market cap of $3.49 billion.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
why do people keep incorrectly using the term parabolic? or did it actually fall right back down to where it started?